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Author Archive ‘ Varun Arora ’

Prashant Tandon, Co-founder, 1mg

Ads for content, digital health tools are in the works for 2017: 1mg’s Tandon

Gurgaon-based Bright Lifecare Pvt. Ltd, which owns and operates online drug marketplace 1mg, made two acquisitions last year: in December, it bought Mumbai-based online hospital MediAngels and, in July, it acquired diagnostics bookings platform Medd.in. With these acquisitions, 1mg widened its produ...

8 February, 2017 | More »

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Will the big-battery Zenfone 3S Max power Asus’ fortunes in India?

Taiwanese handset maker Asus on Tuesday launched its Zenfone 3S Max smartphone in India. Priced at Rs 14,999, the phone will be available starting today at both retail outlets as well as e-commerce portals. With the Zenfone 3S Max, Asus is betting not only on its heavy-duty 5,000 mAh battery, but al...

7 February, 2017 | More »

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Yatra Q3 net revenue jumps 23% on higher air ticketing sales

Yatra Online Inc, which operates travel portal Yatra.com through its India unit, on Thursday reported higher net revenue and a narrower adjusted operating loss for the quarter through December 2016. Revenue less service cost climbed 23.4% to Rs 134.6 crore for the October-December quarter from Rs 10...

2 February, 2017 | More »

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Note ban, iPhone 7 drive Apple’s India revenue to all-time high

Cupertino-based Apple Inc. posted an “all-time record revenue” in India in the October-December quarter, the iPhone-maker’s CEO Tim Cook said during a post-earnings call on Wednesday. The Apple chief added the results were especially impressive given “the demonetisation move in I...

2 February, 2017 | More »

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Google ends pilot for Hands Free app, asks users to move to Android Pay

Google Inc. is ending the pilot programme for its payment service Hands Free after almost 10 months of testing the app in the San Francisco Bay Area, the search engine giant said in a blogpost. The app will be shut down on February 8 and all settings and photos on it will be automatically deleted, [...

2 February, 2017 | More »

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MakeMyTrip net revenue jumps 81%, adjusted net loss narrows

MakeMyTrip Ltd, India’s largest online travel services firm, posted an adjusted net loss of $5.9 million in the third quarter, an improvement over the $14.8-million adjusted net loss in the same quarter of the previous fiscal. The NASDAQ-listed company said on Tuesday its revenue less service cost...

31 January, 2017 | More »

CureFit

Mukesh Bansal and Ankit Nagori’s CureFit in talks to acquire two healthcare firms

Former Flipkart executives Ankit Nagori and Mukesh Bansal’s yet-to-be-launched online preventive healthcare platform CureFit is in talks to acquire two companies including Seraniti, a mental health firm and an unnamed fitness centre in Bengaluru, a financial daily reported on Tuesday. Curefit Heal...

31 January, 2017 | More »

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Naukri.com parent Info Edge’s Q3 net slips 41% QoQ as note ban weighs

Online classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com, among other online businesses, reported a net profit of Rs 47.1 crore for the third quarter of FY17, down 41.1% from Rs 80 crore of the previous quarter. Year on year, however, profit was up 76....

30 January, 2017 | More »

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Incuspaze launches co-working space in Gurgaon, to incubate AI, IoT startups

Incuspaze, a Gurgaon-based co-working and incubation centre, will launch an incubation programme for startups in artificial intelligence, machine learning, IoT and big data, the company said in a statement on Monday. The 6,000 sq ft centre was launched by UK-based angel investor Sanjay Choudhary las...

30 January, 2017 | More »

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MobiKwik names former CRISIL exec Bikram Bir Singh as business head

Digital wallet firm MobiKwik has appointed former CRISIL executive Bikram Bir Singh as business head, it said in a statement. Singh will be heading government, corporate, travel and biller verticals at MobiKwik. He will focus on accelerating MobiKwik’s growth in various geographies. He will also d...

27 January, 2017 | More »